Historical Year Data · 2002

China CPI Index in 2002

China CPI Index opened 2002 at 71.06 and closed at 70.55, a -0.73% move for the year. The high of 71.84 was reached on February 1, and the low of 69.36 on July 1.

Open

71.06

2002-01

70.55

12 data points

High

71.84

Feb 1

Low

69.36

Jul 1

Full Year Change

-0.73%

2001 Change

-1.31%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	71.06	71.06	71.06	71.06	+0.00%
Feb	71.84	71.84	71.84	71.84	+0.00%
Mar	70.91	70.91	70.91	70.91	+0.00%
Apr	70.70	70.70	70.70	70.70	+0.00%
May	70.48	70.48	70.48	70.48	+0.00%
Jun	69.85	69.85	69.85	69.85	+0.00%
Jul	69.36	69.36	69.36	69.36	+0.00%
Aug	69.57	69.57	69.57	69.57	+0.00%
Sep	70.26	70.26	70.26	70.26	+0.00%
Oct	70.41	70.41	70.41	70.41	+0.00%
Nov	70.33	70.33	70.33	70.33	+0.00%
Dec	70.55	70.55	70.55	70.55	+0.00%

Events During 2002

1990 Japanese Bubble Collapse

Deflation

January 1990 – 2003

The Nikkei 225 peaked at 38,957 on December 29, 1989, then fell 82% over 13 years. Japan entered its "lost decades" of deflation, zero rates, and structural stagnation that still shapes global markets today.

1998 Euro Launch & 1999 Introduction

Goldilocks

May 1998 – January 2002

Eleven European Union members locked exchange rates on January 1, 1999, creating the euro as a virtual currency. Physical notes and coins circulated from January 1, 2002. The euro became the largest monetary experiment since Bretton Woods.

2000 Dotcom Crash

Deflation

March 2000 – October 2002

The Nasdaq Composite peaked at 5,048 on March 10, 2000 and fell 78% over 31 months. Internet companies went bankrupt en masse. The crash reshaped venture capital, corporate governance, and accounting standards.

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